Apple agrees to pay up to $400 million in ebooks price-fixing case

Apple has reached a settlement in a long-standing case that accused the company of fixing the price on ebooks, with the company paying up to $400 million, depending on the outcome of its appeal in the case, a law firm has announced. Apple would pay the $400 million in the class-action lawsuit if its appeal of a 2013 court ruling that found the company guilty of antitrust violations is dismissed, said class-action law firm Hagens Berman Sobol Shapiro, which is representing ebook customers in 19 states and four U.S. territories. If the U.S. Court of Appeals for the Second Circuit reverses and remands the case back to district court, the settlement agreement calls for Apple to pay consumers $50 million to settle their claims, the law firm said. The U.S. Department of Justice and several state attorneys general would be free to continue pressing their claims if that happens, the law firm said Wednesday.To read this article in full or to leave a comment, please click here Continue reading at 'PC World'

[ PC World | 2014-07-16 00:00:00 UTC ]
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Pearson Earned £65 Million In Profits from Its PRH Stake in 2019

Pearson’s 25% stake in Penguin Random House earned the company £65 million in operating profit in 2019. Pearson has sold its 25% share of PRH to Bertelsmann in a deal expected to generated net proceeds of $675 million when the transaction closes. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
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Haynes pays tribute to founder John H Haynes with new biography

Haynes Publishing is paying tribute to its late founder John H Haynes with a new biography in April.  Continue reading at The Bookseller

[ The Bookseller | 2020-02-18 10:43:07 UTC ]
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OUP makes a start on its gender pay gap

The latest gender pay gap report released by Oxford University Press shows a small lessening of its median pay gap, down just under 1% to 12.5% in the year to March 2019. Continue reading at The Bookseller

[ The Bookseller | 2020-02-14 02:08:39 UTC ]
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Arthur Phillips shows that choosing a leader was no easier 400 years ago

“The King at the Edge of the World” explores a centuries-old crisis of succession and our modern-day search for truth. Continue reading at The Washington Post

[ The Washington Post | 2020-02-04 18:13:57 UTC ]
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Peloton told it can't countersue music publishers over high workout music prices

Peloton has failed to convince the court that the National Music Publishers Association violated federal antitrust laws. If you'll recall, the NMPA sued Peloton in early 2019, accusing it of using songs in its workout videos without obtaining the pro... Continue reading at Engadget

[ Engadget | 2020-01-30 13:20:00 UTC ]
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Nancy Drew Is Dead! Don't Worry, the Hardy Boys Are on the Case.

A new comic book series imagines that Nancy has been killed, infuriating some fans of the unstoppable teen detective who made her debut 90 years ago. Continue reading at The New York Times

[ The New York Times | 2020-01-25 19:16:28 UTC ]
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Brazil’s attack on Greenwald mirrors the US case against Assange

Over the years, Intercept co-founder Glenn Greenwald has made more than a few enemies. What some of his fans and supporters see as a crusade for truth and justice can strike others—including those who become the targets of his journalistic crusades—as needlessly hostile and potentially biased.... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2020-01-22 12:45:02 UTC ]
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The Disturbing Case of the Disappearing Sci-Fi Story

A young writer wrote a controversial bit of military science fiction about sexual politics. The fallout was nuclear. Continue reading at Wired

[ Wired | 2020-01-17 14:00:00 UTC ]
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Settlement agreed upon in audio book captions lawsuit

Book publishers and the leading audio book producer-distributor have agreed to a settlement in their copyright lawsuit Continue reading at ABC News

[ ABC News | 2020-01-14 18:03:19 UTC ]
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Amazon is selling Kindles at Black Friday prices

If you didn't manage to snag a Kindle on Black Friday, you have another chance to buy one at a steep discount. Amazon is currently offering $45 off the newest Kindle Paperwhite ($85) and $30 off the latest Kindle ($60). These are historic lows, and w... Continue reading at Engadget

[ Engadget | 2020-01-13 16:27:00 UTC ]
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The paltry price paid for Unruly rattles the consolidating ad tech market

The $19 million shelled out for the Unruly transaction represents a sharp haircut from the $90 million upfront cash price News Corp paid for the company a little over four years ago. The post The paltry price paid for Unruly rattles the consolidating ad tech market appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2020-01-07 05:00:57 UTC ]
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B&N, Fired CEO Ready to Talk Settlement in Defamation Case

In a December 18 letter, lawyers for Barnes & Noble informed the court that the parties “are now prepared to proceed with a settlement conference,” which is scheduled for January 27 before magistrate judge Gabriel Gorenstein. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-01-01 05:00:00 UTC ]
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Trade pays tribute to Sonny Mehta, 'one of the greats'

Publishers, agents and authors have paid tribute to Sonny Mehta, chairman of the Knopf Doubleday Publishing Group, who died on Tuesday (30th December) at the age of 77 from complications from pneumonia. Continue reading at The Bookseller

[ The Bookseller | 2019-12-30 20:17:15 UTC ]
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Equity Firm Agrees to Buy OverDrive

The private equity firm KKR has signed a definitive agreement to acquire OverDrive in a deal announced on Christmas Eve. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-26 05:00:00 UTC ]
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Kindle Unlimited: We try Amazon's subscription service for ebooks

If you’re a Kindle user, you’ve undoubtedly come across titles with that Kindle Unlimited logo and an enticing “$0.00” price tag attached. You’re curious, yes? With titles in genres from mysteries and romance to sci-fi and self-help, Kindle Unlimited is an easy and affordable way to sate your... Continue reading at PC World

[ PC World | 2019-12-18 11:30:00 UTC ]
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Hodder pays tribute to late author Frank White

The author and playwright Frank White, whose novel There Was a Time was published by Hodder in 2017, has died at the age of 92. Continue reading at The Bookseller

[ The Bookseller | 2019-12-18 09:56:16 UTC ]
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Most Investors Don’t Want to Touch Media Anymore. But Axios is Going to Raise Another $20 Million.

A few years ago, investors were eager to throw money at digital media startups. Not anymore. But there are some Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-12-16 15:51:10 UTC ]
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Small-town Alaskan newspaper seeks new owner. Price: $0

Larry Persily hopes to pass the Skagway News on to a committed journalist willing to live in a town of 1,000An Alaska newspaper publisher is ready to hand his operation to a new owner at an unbeatable price: $0.Larry Persily, a longtime journalist who runs the Skagway News in the state’s... Continue reading at The Guardian

[ The Guardian | 2019-12-15 11:00:50 UTC ]
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Apple TV+ will drop every episode of ‘Little America’ on January 17th

Little America, the anthology series based on true stories about immigrants in the US, arrives on Apple TV+ on January 17th. Apple will release all of season one's episodes at once, rather than weekly as it's done with other shows, and more than a mo... Continue reading at Engadget

[ Engadget | 2019-12-12 23:19:00 UTC ]
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Publishers pay tribute to 'inspiring' Nell Gifford

Publishers have paid tribute to Nell Gifford, the co-founder of Giffords Circus, who has died at the age of 46. Gifford had been diagnosed with breast cancer, and she died on Sunday (8th December), surrounded by family "both immediate and circus", Giffords Circus confirmed in a statement. Continue reading at The Bookseller

[ The Bookseller | 2019-12-10 02:52:08 UTC ]
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